Kohl`s Corp. (KSS) reported earnings for third quarter that Decreased from last year but beat the Street estimates.
The company's earnings came in at $8 million, or $0.07 per share. This compares with $22 million, or $0.20 per share, last year.
Excluding items, Kohl`s Corp. reported adjusted earnings of $11 million or $0.10 per share for the period.
Analysts on average had expected the company to earn -$0.18 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 2.9% to $3.407 billion from $3.507 billion last year.
Kohl`s Corp. earnings at a glance (GAAP) :
-Earnings: $8 Mln. vs. $22 Mln. last year.-EPS: $0.07 vs. $0.20 last year.-Revenue: $3.407 Bln vs. $3.507 Bln last year.
-Guidance:Full year EPS guidance: $1.25 - $1.45
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